24/1, Chamelibagh, Shaan Tower (6th & 7th Floor), Santinagar moor, Dhaka-1217.
Tele
: +880-2-9347871, 9336668,
Fax
: +880-2-9350112.
: 9347871 Ext-107,
Cell
: 0152-302272, 0189-875712, : 01199158838
E-mail
: pdcl2005@yahoo.com
Website
: www.pdclbd.com
   










 
  Terms & Conditions

Allotment
Allotment shall be made on first- come first- serve basis on receipt of the booking money as per application.
 
Allotment preference
Buyers willing to make one time payment will be given preference and 5% discount may be allowed to them except on the booking money and cost of parking space.
 
Allotment transfer
Until the full payment of the installments, the buyers shall not have the right to transfer the Allotment to a third party without the consent of the company.
 
Payment
All payment are to be made by crossed cheques/ B. draft/ pay order etc. The buyers must strictly adhere to the schedule of payment to ensure timely completion of the construction work. Any delay in payment up to two installments, will make the buyer liable to pay 3% interest per month on the payable amount. If the payment is delayed beyond three installments, the company shall have the right to cancel the allotment. In such an event the amount paid by the buyer will be refunded after deducting the booking money.
 
Company's right
The company reserves the right to accept or reject application for an allotment of apartment. The company may made minor changes in the design and specification of the project should those become necessary.
 
Registration costs
The buyer shall bear all costs relating to cost of stamps, registration fees, and related legal fees etc. The company will make necessary arrangements for all formalities.
 
Incidental Costs
Utility connection fees, flat owners cooperative society one time deposit, material cost and other incidental charges and costs relating to gas, water, sewerage, power connection etc. are not included in the price of the apartment. The buyer shall make those payments to the authorities concerned. Expenditure on these accounts may be initially paid by the company, owner of the apartment shall reimburse the amount before taking possession of the apartment.
 
Cancellation of booking
In case of any cancellation of booking of an apartment by a client, the amount so deposited will be refunded after selling of the apartment to the new buyer and on deduction of incidental charges of Tk 50,000/- (Taka Fifty thousand) only.
 
Handover of possession
The possession of the apartment and parking space will be handed over on receipt of all payments and on completion of all works as per time schedule of the company.
 
Owner's welfare society
The buyer must become a member of the owner's cooperative society which will be formed by the buyers of the apartment and duly registered for the management of the common services such as lifts, pumps, electric generator and annual maintenance of the building etc. Each buyer of the apartment shall deposit Tk 15,000/- (TAKA FIFTEEN THOUSAND) only for annual common service expenses. The monthly utility service expenses will be borne by the owners as per requirement, which will be decided by the company until formation of owners' co- operative society.
 
Time of completion
The time of completion of the project is 18 months. The time so fixed is extendible if it becomes necessary on account of act of God, natural calamity, strikes, civil commotion or any other reason beyond the control of the company.
 
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